Metka

Hello! So, a few days ago, I wrote to you about the Christmas spirit making its timely appearance (right on cue as we approach the holidays…). It has been felt in political life, suddenly in the media (let’s see how long that lasts), and, as of yesterday, among the MPs of New Democracy. The meeting of K.M.

Metlen Energy & Metals announced that its 100% subsidiary METKA has signed an agreement for the acquisition of all shares of construction company MT.

With sales in the residential areas running, having reached almost 100% for the beachfront residences and 65% for the apartments that went on the market at the end of 2023, and the individual developments within the area gradually locking in, the pieces of the puzzle of the Hellenikon mega investment are now coming together at an accelerated pace.

The clearer strategic targeting of Athens-listed group Mytilineos to the needs of the large European and global market for new products has been sealed with the change of brand to Metlen, en route to its listing on the London Stock Exchange.

A Mytilineos SA general shareholders' meeting on Monday approved a board plan to raise the price ceiling of a share buyback program from 25 to 40 euros and create a special reserve up to €20 million euros to cover the company's participation in investments included in the development law.

The deadline of the tender for the contractor to undertake the extension of the Piraeus cruise passenger port has been stretched by a few more days due to the strong competition among major construction groups.

The Supreme Court on Tuesday refuted a decision last week by an Athens appeals council that indicted businessman Evangelos Mytilineos and a former CEO of Public Power Corporation, Stergios Nezis, on bribery and money laundering charges respectively, in a case that dates from 2003.

The case will be re-examined by the Supreme Court.

An Athens appeals council on Friday indicted businessman Evangelos Mytilineos and a former CEO of Public Power Corporation, Stergios Nezis, on bribery and money laundering charges respectively, in a case that dates from 2003.

The public holidays in London and New York led to significantly slower trade at the start of the week at the Athens bourse, with blue chips sliding despite the majority of Greek stocks heading north.

Bank stocks recovered on Friday after three consecutive days of decline - when their sectoral index gave up almost 7.5 percent - to give the rest of the bourse a push at the end of a losing week.